Europe Needs Global Action Plan on Inflation: France's Le Maire

The video discusses the complex economic situation in Europe, focusing on inflation and the need for unity among EU member states. It highlights the importance of energy efficiency and proposes a European action plan with mechanisms similar to those used during the COVID crisis. The plan includes targeted support for companies affected by high energy prices, emphasizing the urgency of immediate action without resorting to common debt or recovery funds.

What is the significance of solidarity in the proposed European action plan?

Why does the speaker emphasize the urgency of deciding on the action plan?